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SubscribeWhat could be the effect of corona virus on crypto industry?decrease or increase?
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#1
What could be the effect of corona virus on crypto industry?decrease or increase?
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#2
It could shrinks the value of any trading currencies. All government agencies limit the movement of their people. Only the essential works of the economy is up and running.
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#3
Obviously based on what we have been seeing the Corona virus brought a negative impact to the crypto Industry as well as to the many business because of it's lockdown from different part of the world and maybe this is one of the most problem because the industry of the cryptocurrency is currently facing a big problem due to this pandemic virus.
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#4
There will be resistance in the crypto market in the coming months because most of the economies of the other countries are shrinking.
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#5
Probably we are going to experience a lot of resistance in the market price of bitcoin and also a lot of dumps in the coming month for sure, Because a lot of economy of many countries are down because of the coronavirus.
For sure their are just so many factors affecting the market price of bitcoin and we cant really accurately predict what is going to be the market price of bitcoin in the coming months that but one thing is for the virus is affecting the market.
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#6
The virus could cripple the crypto industry in the long run. I've noticed that people have started to panic. The number of investors in the crypto market has significantly decreased because they opt to take their money out of the market for survival.Originally Posted by darexgeorgieviya04
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#7
The COVID-19 has a little impact in the crypto industry because its value is still promising. The price of the Bitcoin reaches 9000 USD, and that was around noon yesterday.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
#8
The whole world is in shambles right now. Only the skeleton of the economy is up and running, mostly from food and healthcare industries and nothing else. As you can see, everyone even in the stock markets isn't doing pretty well. The prices for crypto is also currently doing sideways, with little dips here and there indicating that there's not much going on. Volumes are also on the low across all exchanges and frankly everyone seems to be just busy surviving day by day. I do not expect any major movements for bitcoin or any other crypto in any way in the nearest future, seeing how dead everything seems atm.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
#9
In general, I don't think that the global crisis is having too much effect on the crypto industry. As you would see in the movement of Bitcoin, it is on an upward movement. Nothing much to worry about.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
#10
I agree with you. It is a relief to see that Bitcoin is not very much affected by the current global crisis.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
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